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Reason for buying from Farmers

Customers of Farmers originally decided to purchase from the company for these reasons:

29%The insurer was recommended by a friend.28%The insurer offered the best price.12%Was the company their parents had.9%Financial stability.8%The insurer's reputation.5%Ease of use.4%Had other insurance with this company.3%Saw a commercial.2%Other reason.

Would you recommend this company?

already have

yes

not sure

probably not

no

39%

41%

17%

2%

1%

Would you renew?

yes

no

91%

9%

About Farmers

Best Auto Insurance Companies 2017

Farmers insurance received an overall score of 81.1. The multi-line insurer received consistent 4.25 stars for customer service and claims processing but fell behind slightly with a 3.75 in value for price. That said, most Farmers customers seem happy with their policies, as 91 percent said they would renew their contracts, and 83 percent would recommend the company to another.

Success stories

Farmers Automobile Inter-Insurance Exchange was founded 1928 by two men with the common interest of providing quality auto insurance for farmers and ranchers.

Though their timing wasn't ideal as the country slid into the Great Depression, Farmers weathered the nation's economic woes. It was one of few insurance companies able to pay its policyholders' claims in cash, rather than IOUs.

Today, the company has grown well beyond policies for farmers; it covers 10 million households across all 50 states. In fact, Farmers has covered so many types of claims, the company’s website features a “Hall of Claims” sharing some incredulous stories of covered claims.

Types of auto coverage

Personal and Commercial auto

Collectibles

Motorcycle

RVs

Boat

Additional policies offered

Homeowners

Renters

Condo

Mobile/specialty home

Life insurance

Financial products

Business liability

Consider Farmers for rideshare drivers

If you’re considering becoming a rideshare driver for popular services such as Uber and Lyft, consider Farmers for your insurance policy. As this relatively new insurance market emerges, Farmers is one of the few insurers offering rideshare policies in several states. A ridesharing endorsement will help to protect you during the period where the app is on before and after you have a passenger – also known as Period 1 – where insurance coverage from the rideshare company is notoriously low.

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